Mehta Japan 4

What Happened
Mehta Japan, Chief Information Officer of Humana Inc., had 1,682 shares acquired on 2026-02-13 through an exercise/conversion of a derivative instrument (reported at $0.00 per share). On the same date 430 shares were disposed (surrendered) to satisfy tax withholding obligations; those 430 shares are reported at $181.46 per share for a withholding value of $78,027. The acquisition appears to be a routine conversion/vesting event rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-13 (filed with the SEC on 2026-02-18).
• Acquired: 1,682 shares via exercise/conversion, $0.00 per share (total reported $0).
• Disposed (tax withholding): 430 shares @ $181.46 = $78,027 (no cash received by insider).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes:
  • F1: Filing references 5,752 restricted stock units (contingent rights to receive shares) exempt under Rule 16b-3(d)(1)&(3) under the company's 2019 plan.
  • F2: The 430 shares were surrendered to pay tax liability for shares vesting on 2/13/26; no value was received in return.
• Filing timing: The Form 4 was filed 5 days after the transaction date (filed 2026-02-18 for transactions on 2026-02-13).

Context
The filing reflects a derivative conversion/vesting event plus a standard “sell-to-cover” or share surrender to meet tax withholding. Such tax withholding disposals are common and do not necessarily indicate a change in the insider’s view of the company. The $0.00 acquisition price and the footnote about RSUs suggest the shares originated from equity awards (restricted stock units) rather than an open-market purchase.